Category Archives: Investing in TIPS

Today’s 10-year auction of a new-issue Treasury Inflation-Protected Security was met with tepid demand, resulting in a surprising coupon rate of 0.625% and a real yield to maturity of 0.639%. Just two days ago, the market rate for a 10-year … Continue reading →

The U.S. Treasury, at 1 p.m. Thursday, will auction $13 billion in a new-issue 10-year Treasury Inflation-Protected Security, Cusip 912820YP6. Buy it: Yes or no? I say no. Here is Tuesday’s quote for the 10-year TIPS that will mature in … Continue reading →

Update: Yes or no on this 10-year TIPS auction? The U.S. Treasury announced today that it will auction $13 billion in a new-issue 10-year TIPS, Cusip 912820YP6. The Treasury announcement does not say what the ‘coupon rate’ will be on … Continue reading →

Update: How are TIPS holding up through this debt crisis? Update 18 months later: The TIPS earthquake: When did it happen, and why? Two years ago, Richard Ferri laid out the worst-case scenario for Treasury Inflation-Protected Securities in an article titled, … Continue reading →

Rather shocking news today: The Treasury Department will halt sales of paper U.S. savings bonds as of January through banks and other financial institutions. This is from a Bloomberg report: The end of paper savings bonds, which were introduced in … Continue reading →